Japan PM Takaichi:
Won’t ditch govt primary balance target for fiscal 2025, but will examine new govt fiscal target for future that looks at fiscal state in scope of several yearsGovt must restore market trust in Japan’s finances but boosting investment is also needed to strengthen economic growth
Earlier:
Japan’s Takaichi abandons annual budget target, takes softer fiscal consolidation stance
Despite what we hear from the pollies in Japan on a day to day basis this new government is proposing a lot of stimulus for the Japanese economy. Keep that in mind.
This article was written by Eamonn Sheridan at investinglive.com.